Thinner cuts: Strong competition has limited revenue and caused industry profit to decline

Companies operating in the Meat and Meat Product Retailing industry specialise in the sale of fresh and cooked meat. The industry is highly fragmented, consisting of numerous small-scale establishments that source the majority of their produce from local farms and generally serve local communities. Firms in the industry have endured difficult operating conditions over the past five-year period, characterised by intense competition from supermarkets, discount retailers, and online-only players. Alongside this, operators are recording faltering sales across certain product segments such as red meat owing to rising health concerns. As a result, industry revenue is anticipated to increase at a compound annual rate of just 0.3% over the five years through 2018-19 to £2.9 more.

Industry Statistics & Market Size
Annual Growth 14-19
Forecast Growth 19-24
Market Share of Companies
There are no companies with a dominant market share in this industry

Industry Threats & Opportunities

  • Industry revenue has declined since the EU referendum, as uncertainty has limited demand
  • Industry operators are contending with changing consumer preferencesand social trends
  • Specialised retailers are expected to expand their brands through new product offerings
  • Industry Report - Starting a New Business Chapter

    The Meat and Meat Product Retailing industry faces moderate barriers to entry. The initial start-up cost is the main barrier that must be overcome. Prospective entrants will need to secure retail space with close proximity to a high number of shoppers in order to attract customers. In an era where the retail industry remains significantly fragile, new entrants must ensure the geographical location chosen is optimal in terms of customer footfall, or the chances of success will be slim. Furthermore, prospective entrants will need to invest in machinery used to prepare the meat.Additionally, entrants may need to develop supply links with wholesalers, meat suppliers, and farms. Existing operators also have an established and trusted relationship with suppliers. Thi...purchase to read more.

    Additional Insights for the Meat & Meat Product Retailing Industry

    IBISWorld identifies 250 Key Success Factors for a business.The most important for the Meat & Meat Product Retailing Industry are

  • Effective cost controls
  • Attractive product presentation
  • Ability to attract local support/patronage
  • IBISWorld analysts also discuss how external factors such as Demand from supermarkets and Total meat consumption in the Meat & Meat Product Retailing industry impact industry performance..

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    What's in this report

    What is the Meat & Meat Product Retailing Industry?

    The industry includes operators that specialise in the sale of meat such as poultry, beef, lamb and pork. Value-added products and services such as cookbooks and butchery classes are also included in the industry. The industry excludes products sold in supermarkets.

    Industry Products
  • Lamb and mutton
  • Beef and veal
  • Pork
  • Poultry
  • Game, offal and other meats
  • Industry Activities
  • Poultry retailing
  • Beef and veal retailing
  • Pork, mutton and lamb retailing
  • Cooked meats retailing
  • Table of Contents

    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Executive Summary
    Key External Drivers
  • Demand from supermarkets
  • Total meat consumption
  • Real household disposable income
  • Health consciousness

  • Current Performance
  • Scandalous sales
  • Fluffed up demand
  • Rising competition
  • Ruffled up
  • Fowl play
  • Health consciousness
  • Profit and market structure
  • Chart: Revenue Growth

  • Industry Outlook
  • Sustaining demand
  • New avenues
  • Growing support
  • Restraints and challenges
  • Table: Meat & Meat Product Retailing Industry Revenue Outlook

  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Meat & Meat Product Retailing Industry Lifecycle vs The Economy

  • Supply Chains
    Key Buying Industries
  • Consumers

  • Key Selling Industries
  • Meat Product Manufacturing
  • Meat Wholesaling
  • Poultry Meat Processing
  • Prepared Meal Manufacturing

  • Products & Services
  • Poultry
  • Beef and veal
  • Pork
  • Lamb and mutton
  • Other
  • Game, offal and other meats
  • Chart: Meat & Meat Product Retailing Industry Products and Services Segmentation

  • Demand Determinants
    Major Markets
  • High-income households: first and second income quintiles
  • Middle-income households: third and fourth income quintiles
  • Low income households: fifth income quintile
  • Chart: Major Market Segmentation for the Meat & Meat Product Retailing Industry

  • International Trade
    Business Locations
    Chart: Business Locations by State
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
  • Profit
  • Purchases
  • Wages
  • Other costs
  • Chart: Cost Structure Benchmarking – Sector vs Meat & Meat Product Retailing

  • Basis of Competition
    Internal competitionExternal competition
    Barriers to Entry
  • Table: Barrier to Entry Checklist for the Meat & Meat Product Retailing Industry

  • Industry Globalization
    There are no major players in this industry. This report includes analysis of other companies.
    Capital Intensity
  • Chart: Level of Capital Intensity for the Meat & Meat Product Retailing Industry
  • Chart: Tools of the Trade: Growth Strategies for Success

  • Technology & Systems
    Revenue Volatility
  • Chart: Volatility vs Industry Growth

  • Regulation & Policy
    Industry Assistance
    Table: Industry Data for the Meat & Meat Product Retailing Industry
  • Industry Revenue (2010-2024)
  • Industry Gross Product (2010-2024)
  • Establishments (2010-2024)
  • Businesses (2010-2024)
  • Employment (2010-2024)
  • Wages (2010-2024)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
  • A person who has a primarily vegetarian diet but occasionally eats meat or fish.
  • Organic Produce
  • Food that has been grown without synthetic pesticides or additives.
  • Poultry
  • Meat from birds such as chickens, ducks, turkeys and pheasants.
  • Veal
  • Meat from a domestic cow or bull in its first year.
  • What Our Customers Say

    Why buy this report?

    IBISWorld’s Meat & Meat Product Retailing market research report is a comprehensive guide to market size and growth prospects. Our industry reports offer strategic industry analysis of the factors influencing companies, including new product developments, economic, lifestyle and demographic influences, distribution and supply chain factors and pricing issues. Full analysis accompanies our data forecasts to illustrate how the market responds to emerging industry trends.

    IBISWorld industry market research reports enable you to:
    • Find out about key industry trends
    • Identify threats and opportunities
    • Inform your decisions for marketing, strategy and planning
    • Quickly build competitive intelligence
    This report on Meat & Meat Product Retailing:
    • Provides Market Size information to assist with planning and strategic decisions.
    • Includes the necessary information to perform SWOT, PEST and STEER analysis.
    • Helps you understand market dynamics to give you a deeper understanding industry competition and the supply chain.
    • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.
    The Meat & Meat Product Retailing market research report includes:
    • Historical data and analysis for the key drivers of this industry
    • A five-year forecast of the market and noted trends
    • Detailed research and segmentation for the main products and markets
    • An assessment of the competitive landscape and market shares for major companies
    • And of course, much more

    IBISWorld reports on thousands of industries around the world. Our clients rely on our information and data to stay up-to-date on industry trends across all industries. With this IBISWorld Industry Research Report on Meat & Meat Product Retailing, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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